HSN Code 72279060: Other | Sulphur Free Cutting Quality

HSN Code 72279060 represents Other | Sulphur Free Cutting Quality under GST classification. This code helps businesses identify Other | Sulphur Free Cutting Quality correctly for billing, taxation, and trade. With HSN Code 72279060, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Sulphur Free Cutting Quality.

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Description of Goods for HSN Code 72279060

HSN Code 72279060 relates to the following description.

Description of Goods

Other : Sulphur free cutting quality

Chapter

72 - Iron and steel

Sub Chapter

7227 - Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 72279060 not include?

Other | Sulphur Free Cutting Quality does not include products with the following descriptions.

India’s Trade Performance — HSN Code 72279060 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

−12.88% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #4368 of 12657 HSN codes

% of Sub-Chapter 7227

FY 2024-25

0.75%

Share of Sub-Chapter 7227’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 7227’s imports

Rank Within Sub-Chapter 7227

FY 2024-25

#2 of 9

Position by export value among HSN codes in Sub-Chapter 7227

At a glance

#7918

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+87.36%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.75%

Contribution to Sub-Ch. 7227

Share of Sub-Chapter 7227 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 72279060

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

FY 2021-22 Exp. Rank #8122

Balance

+0.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

FY 2022-23 Exp. Rank #8228

Balance

+0.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2.35% YoY

0.43% of Sub-Ch. 7227

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 7227

FY 2023-24 Exp. Rank #7777

Balance

+1.63

Exports

1.63 ₹ Cr

0.0000% share

+87.36% YoY

1.01% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 7227

FY 2024-25 Exp. Rank #7918

Balance

+1.42

Exports

1.42 ₹ Cr

0.0000% share

−12.88% YoY

0.75% of Sub-Ch. 7227

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 7227

Sub-Chapter 7227 total

reference, FY 2024-25

Export

₹190.31 Cr

Import

₹367.23 Cr

Trade Balance

−176.92

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 72279060 Export-Import Analysis

Export Snapshot for HSN Code 72279060

India exported ₹1.42 Crore worth of Other | Sulphur Free Cutting Quality in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 72279060 Ranked #7918 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 72279060 ranks #7918 out of 12657 HSN codes by total export value. Within Sub-Chapter 7227, it ranks #2 of 9. By trade surplus, it ranks #4368 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 72279060 Exports

The strongest single-year export movement for HSN Code 72279060 was recorded in FY 2023-24, when exports surged by 87.36% over the prior year.

India Maintains a Trade Surplus of ₹1.42 Crore in HSN Code 72279060 Goods

In FY 2024-25, India's exports of ₹1.42 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.42 Crore — ranking #4368 of 12657 by surplus magnitude.

HSN Code 72279060 Contributes 0.75% of Sub-Chapter 7227 Exports — Ranked #2

Among the 9 HSN codes under Sub-Chapter 7227, HSN Code 72279060 ranks #2 by export value — accounting for 0.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 72279060 and GST compliance.

What products are classified under HSN 72279060 ?

It includes High-Speed Steel Bright Bars

Does packaging or labelling change the GST for Other / Sulphur Free Cutting Quality?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Other / Sulphur Free Cutting Quality is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Sulphur Free Cutting Quality; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Other / Sulphur Free Cutting Quality?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Can we claim ITC on inputs used to trade Other / Sulphur Free Cutting Quality?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Other / Sulphur Free Cutting Quality?

Under HSN 72279060, Other / Sulphur Free Cutting Quality attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.